The amount raised exceeds the planned value of the issue, of RON700 million.
Investor demand stood at RON1.79 billion, over 2.5-fold higher than the planned value of the bond issue and more than double the amount raised by the ministry.
The bonds have an annual coupon rate of 6.75%.
The average award yield at the auction was 6.83% and the yield corresponding to the average award price was 6.82%.
Of the total amount of RON809 million raised by the ministry, competitive bids stood at RON634.2 million and non-competitive at RON175 million.
Seven primary dealers participated in the auction and the marginal allocation coefficient for competitive bids was 100%.